TRZ.TO - Transat A.T. Inc.

Toronto - Toronto Delayed Price. Currency in CAD
14.02
+0.53 (+3.93%)
At close: 4:00PM EDT
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Previous Close13.49
Open13.53
Bid13.99 x 0
Ask14.01 x 0
Day's Range13.53 - 14.08
52 Week Range4.50 - 14.08
Volume571,234
Avg. Volume290,378
Market Cap529.074M
Beta (3Y Monthly)1.10
PE Ratio (TTM)N/A
EPS (TTM)-1.29
Earnings DateJun 7, 2017 - Jun 12, 2017
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2008-12-29
1y Target Est12.57
  • Group Mach reaches deal with Quebec, drops financing condition of Transat bid
    The Canadian Press20 hours ago

    Group Mach reaches deal with Quebec, drops financing condition of Transat bid

    MONTREAL — Group Mach Inc. says it has reached a non-binding agreement with the Quebec government in connection with its bid for Transat AT Inc. and dropped a key financing condition.The real estate development firm has proposed to acquire all of Transat's shares for $14 each or roughly $527.6 million.Transat began exclusive talks with Air Canada, set to end on Wednesday, after the country's largest airline made a bid of $13 per share or last month.However, Mach stepped in with a rival proposal.Mach did not release any details of its agreement with the provincial government.It said Tuesday it has submitted an amended version of its proposal removing conditions related to financing from the Quebec government and the execution of support and voting agreements with the Fonds de solidarite FTQ and the Caisse de depot et placement du Quebec. Companies this story: (TSX:TRZ) The Canadian Press

  • Baystreet21 hours ago

    Stocks in play: Transat A.T. Inc.

    Said Group Mach Inc. announced its non-binding agreement with the Government of Quebec in connection ...

  • Baystreet22 hours ago

    Transat, WestJet Achieve 52-week Highs on News

    Transat A.T. Inc. (T.TRZ) hit a new 52-week high of $13.70 Tuesday. Group Mach Inc. announced its non-binding ...

  • CNW Group22 hours ago

    Mach Waives Financing Condition for its Acquisition of Transat

    MONTREAL, June 25, 2019 /CNW Telbec/ - Group Mach Inc. ("Mach") is pleased to announce its non-binding agreement with the Government of Quebec in connection with Mach's formal proposal to acquire all issued and outstanding voting shares (the "Shares") of Transat A.T. Inc. (TSX:TRZ.TO - News) ("Transat" or the "Company") at a price of $14.00 cash per Share to the attention of the Board of Directors of Transat as announced in Mach's press release of June 14, 2019 (the "Proposal"). As such, Mach has deposited today an amended version of its Proposal with the Board of Directors of Transat by, in particular, removing conditions related to financing from the Government of Quebec and the execution of support and voting agreements with the Fonds de solidarité FTQ and the Caisse de dépôt et placement du Québec (the "Amended Proposal").

  • Thomson Reuters StreetEvents5 days ago

    Edited Transcript of TRZ.TO earnings conference call or presentation 13-Jun-19 2:00pm GMT

    Q2 2019 Transat AT Inc Earnings Call

  • CNW Group8 days ago

    MACH specifies structure of its formal proposal to Transat

    MONTREAL , June 18, 2019 /CNW Telbec/ - Group Mach Inc. ("MACH") confirms that the proposed acquisition structure in its formal proposal to acquire all issued and outstanding voting shares (the ...

  • Skytrax 2019 World Airline Awards - Air Transat named World's Best Leisure Airline for the second year running
    CNW Group8 days ago

    Skytrax 2019 World Airline Awards - Air Transat named World's Best Leisure Airline for the second year running

    MONTREAL, June 18, 2019 /CNW Telbec/ - For the second year in a row, Air Transat has taken the title of World's Best Leisure Airline at the Skytrax World Airline Awards presentation ceremony, held today at the 53rd International Paris Air Show Le Bourget in France. Air Transat's mission is to meet travellers' expectations and to brighten their everyday with the joy of vacations.

  • CNW Group12 days ago

    Transat A.T. Inc. Acknowledges Receipt of Group Mach Inc.'s Conditional Proposal Letter

    MONTRÉAL, June 14, 2019 /CNW Telbec/ - Transat A.T. Inc. ("Transat") confirms that it has received from Group Mach Inc. a non-binding and conditional proposal letter regarding its expressed interest to privatize Transat. Such proposal is subject to numerous conditions including obtaining financing and undertaking a due diligence process. Transat would like to reiterate that it has entered into an agreement with Air Canada, pursuant to which it has agreed to a 30-day binding period of exclusive negotiations to conclude a definitive agreement, as previously announced.

  • CNW Group12 days ago

    Mach deposits formal proposal to Transat

    MONTREAL , June 14, 2019 /CNW Telbec/ - Group Mach Inc. deposited yesterday its formal proposal to acquire all issued and outstanding voting shares (the "Shares") of Transat A.T. Inc. (TSX:TRZ) ...

  • CNW Group13 days ago

    Transat A.T. Inc. - Results for second quarter of 2019

    The Corporation took delivery of its first A321neoLR aircraft. MONTRÉAL, June 13, 2019 /CNW Telbec/ - Transat A.T. Inc. ("Transat" or the "Corporation"), one of the largest integrated tourism companies in the world and Canada's holiday travel leader, announces its results for the second quarter ended April 30, 2019. "The second quarter is similar to the first in terms of results.

  • CNW Group13 days ago

    /R E P E A T -- Media advisory - Transat A.T. Inc. - Second Quarter Results 2019/

    MONTREAL , June 6, 2019 /CNW Telbec/ - Transat A.T. Inc., a leading integrated international tourism company specializing in holiday travel and active in air transportation, accommodation, travel packaging ...

  • CNW Group19 days ago

    Transat meets all your needs for an escape this winter

    MONTREAL, June 7, 2019 /CNW Telbec/ - Transat, Canada's leisure travel specialist, is pleased to present its selection of over 30 Sun destinations for winter 2019–2020. Whether it's for travel to Mexico, South America, Central America, the Caribbean, Florida, Louisiana, Spain or Portugal, the tour operator has a host of all-inclusive vacation packages, turnkey cruise packages and house, apartment-hotel and condominium rentals to meet vacationers' various needs, regardless of their budget.

  • /C O R R E C T I O N from Source -- Group Mach Inc./
    CNW Group19 days ago

    /C O R R E C T I O N from Source -- Group Mach Inc./

    In the news release, Mach proposes privatization of Transat AT Inc. at $14 cash per share, issued 04-Jun-2019 by Group Mach Inc. over CNW, we are advised by the company that the press release incorrectly referred to Laurence Tosi, Managing Partner of WestCap, becoming a member of the Board of Directors of Transat AT Inc. Neither Laurence Tosi nor WestCap is affiliated with the proposed transaction. MONTREAL, June 4, 2019 /CNW Telbec/ - Group Mach Inc. ("Mach"), the largest independent real estate developer and owner in Quebec proposes the acquisition of all issued and outstanding voting shares (the "Shares") of Transat AT Inc. (TSX:TRZ.TO - News) ("Transat" or the "Company"),  at a price of $14.00 cash per Share (the "Offer Price") based on a deal value exceeding $1B, including substantial off balance sheet debt which we estimate between $1.1B and $1.2B (the "Offer" or the "Transaction").

  • CNW Group20 days ago

    Air Transat announces the new features of its winter 2019-2020 flight program

    MONTREAL, June 6, 2019 /CNW Telbec/ - Air Transat today announced the new features of its flight program for winter 2019–2020, effective November 1, and is continuing to develop its service to the Caribbean, Mexico, Central and South America, Florida and Louisiana, offering over 30 Sun destinations as well as several European regions. "Bringing our Airbus A321neoLRs into our fleet in winter 2019–2020 will give us greater flexibility, which will help us reinforce our leadership in Quebec, strengthen our presence in Ontario and return in force in the Canadian West," says Annick Guérard, Chief Operating Officer, Transat. "We will therefore be adding new destinations out of Vancouver, including Fort Lauderdale, Florida, as well as Punta Cana, Dominican Republic, and Costa Rica," she adds.

  • 1 Stock Hitting 52-Week Highs That Is Still a Good Buy Today
    The Motley Fool20 days ago

    1 Stock Hitting 52-Week Highs That Is Still a Good Buy Today

    Air Canada (TSX:AC)(TSX:AC.B) stock has plenty of momentum as it hits new 52-week highs.

  • CNW Group20 days ago

    Media advisory - Transat A.T. Inc. - Second Quarter Results 2019

    MONTREAL , June 6, 2019 /CNW Telbec/ - Transat A.T. Inc., a leading integrated international tourism company specializing in holiday travel and active in air transportation, accommodation, travel packaging ...

  • CNW Group21 days ago

    IIROC Trade Resumption - TRZ

    TORONTO , June 5, 2019 /CNW/ - Trading resumes in: Company: Transat A.T. Inc. TSX Symbol: TRZ (All Issues) Resumption (ET): 8:00 AM IIROC can make a decision to impose a temporary suspension (halt) of ...

  • Bloomberg22 days ago

    Air Canada Transat Bid Takes Twist With Higher Mach Offer

    Mach is offering C$14 a share in cash for Montreal-based Transat, C$1 per share more than the Air Canada bid. The unsolicited proposal is worth more than C$1 billion, including off balance sheet debt, Mach said in a statement Tuesday. Air Canada, the country’s biggest carrier, rose 0.6 percent Tuesday.

  • CNW Group22 days ago

    Transat A.T. Inc. Acknowledges Group Mach Inc.'s Press Release

    MONTRÉAL, June 4, 2019 /CNW Telbec/ - Transat A.T. Inc. ("Transat") confirms that it has taken note of the press release issued earlier today by Group Mach Inc. regarding its expressed interest to privatize Transat. Transat would like to reiterate that it has entered into an agreement with Air Canada, pursuant to which it has agreed to a 30-day binding period of exclusive negotiations, beginning upon the commencement of a formal due diligence review. During this exclusivity period it is contemplated that Air Canada will complete its due diligence review and the parties will finalize the negotiation of a definitive agreement regarding the acquisition of all of the shares of Transat.

  • CNW Group22 days ago

    IIROC Trading Halt - TRZ

    TORONTO , June 4, 2019 /CNW/ - The following issues have been halted by IIROC: Company: Transat A.T. Inc. TSX Symbol: TRZ (All issues) Reason:  Pending Company Contact Halt Time (ET): 9:29 AM IIROC can ...

  • Mach proposes privatization of Transat AT Inc. at $14 cash per share
    CNW Group22 days ago

    Mach proposes privatization of Transat AT Inc. at $14 cash per share

    MONTREAL, June 4, 2019 /CNW Telbec/ - Group Mach Inc. ("Mach"), the largest independent real estate developer and owner in Quebec proposes the acquisition of all issued and outstanding voting shares (the "Shares") of Transat AT Inc. (TSX:TRZ.TO - News) ("Transat" or the "Company"),  at a price of $14.00 cash per Share (the "Offer Price") based on a deal value exceeding $1B, including substantial off balance sheet debt which we estimate between $1.1B and $1.2B (the "Offer" or the "Transaction"). The Offer is a culmination of a long process undertaken by Mach since last January 2019 when it approached the Company regarding a potential negotiated transaction including its initial letter of intent addressed to the Board of Directors of Transat on February 7, 2019 and various amendments thereto and other exchanges with the Company up to its announcement of last April 30, 2019.

  • CNW Group27 days ago

    An Air Transat flight director shares tips for discovering Barcelona

    MONTREAL, May 30, 2019 /CNW Telbec/ - Air Transat invites Canadian travellers to discover Barcelona with one of its flight directors, Camila. Through a series of videos and social media posts, the Air Transat employee shares her passion for the city, a colourful, cosmopolitan centre with a mix of Gothic and modern architecture. Along the way, she offers tips for visiting the Spanish city, which remains one of Europe's most popular destinations. In her videos on YouTube, Instagram and Facebook, Camila showcases the golden beaches of La Barceloneta and Nova Icaria and reveals her picks for local food, sea fun and relaxation. She travels back in time in the heart of the Gothic Quarter, visiting her top spots in the medieval neighbourhood where historic and modern meet. Camila then takes viewers to Montjuic. Standing 185 metres above sea level, the broad hill is known as Barcelona's urban oasis and one of the best places for panoramic views of the city. Viewers will wish they were there in person as Camila visits Barcelona landmarks such as the Barcelona Cathedral and the verdant Parc de la Ciutadella.

  • Consider What These 3 Shocking Airline Announcements Mean
    The Motley Fool28 days ago

    Consider What These 3 Shocking Airline Announcements Mean

    Several recent announcements from the airline sector all appear to bode well for long-term investors of Air Canada (TSX:AC)(TSX:AC.B).